Wave Money
Financial Services - , ,
Wave Money Details
About Wave MoneyWave Money has been established by highly regarded and experienced mortgage and property industry experts, John Flavell and Graham Mirabito. Wave Money will selectively deliver a range of mortgage lending solutions to an increasing pool of borrowers whose needs are no longer being met by Authorised Deposit-taking Institutions (ADIs). Wave Money will build capability and become a significant non-bank lender in the Australian mortgage market. Wave money will move with velocity, be capital-light and highly agile. It will achieve this through partnering with industry leaders in the areas of:Wholesale FundingAsset ServicingMortgage Distribution.The deep industry experience and knowledge of Wave Money's executive and management team combined with the capability of our industry partners will enable us to grow swiftly, significantly and profitably.Debt investment opportunities exist in senior, mezzanine and first loss asset-backed securities. These fixed income investments offer superior risk-adjusted returns from capital stable asset backed securities. The opportunity may also exist to participate at an equity level in Wave Money.
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